Gold Coast & Tweed Party Hire Events

Tweed Heads South QLD
Asking Price $395,000
About

Gold Coast & Tweed Party Hire has been operating under the same owner/ management on the border of Southern Gold Coast and Far North Coast NSW region for over thirty years.
This leading Marquee and Party Hire Equipment business based at Tweed Heads South NSW provides a complete one-stop solution to its large and diverse customer base both private and corporate, as well as local and State Government customers too.
Photos of hire available through website Gallery and Instagram. Click on "Gold Coast & Tweed Party Hire" and review the postings.
The business has an extensive collection of inventory equipment, including structural marquees, pop up marquees, audio visual & lighting, flooring, wedding package requirements, food prep equiptment as well as delivery truck, cool rooms and all the equipment you require to manage a professional operation.
Regularly dealing with events ranging from weddings, to sporting events right up to events with several thousand guests in attendance, this business has a proven track record, generally servicing areas North South & West of the Gold Coast with an approximate 300+ kilometer radius from the Southern Gold Coast, Northern NSW base.
Major clients include the theme parks, corporate clients such as Byron Writers Festival, surf clubs, hospitals, hotels, sporting clubs, restaurants, private parties, caterers, wedding planners, sports attractions, and the extensive local business.
The business has an experienced team of professionals who will help and offer opportunities for a creative operator to expand its existing network and marketing together with its social media presence and extensive website.
The current factory at Enterprise Avenue, South Tweed Heads is available for purchase in addition to the business or you may move stock to another location.
Key Points
* Inventory $1,084,750 if purchased new.
* Repeat client base
* Largest supplier for events & Party Hire in this area
* Excellent business reputation
* Future Bookings October to December 22 in excess of $100,000.
Marquee hire is 45% of the income and tables & chair hire 27%.
Wedding packages for private functions are popular providing affordable options.
This business provides an excellent opportunity for a creative owner-operator, family, or an add-on to an existing business, to take the reins of an already profitable business that is well-positioned to continue growing, moving forward and expand its existing network.
Covid restriction have impacted the trading figures for two and a half years, but business is booming now.
The business is managed using MYOB accounting and there are no requirements to be on hand full time at the factory where the extensive amount of stock is store. Contact is made by website, telephone, emails and repeat business. Scheduled meetings and appointments are the only customer contact before hire.
There is very limited weekend work as all deliveries and marquee set ups are carried out prior to the weekend for the event or function. Collection is after the weekend.
Trading figures (supported by tax returns) are available for the last five years. Customer history available from MYOB files which have been in use since July 2004. Explanations for all expenses are available.
The current factory is available to purchase for $1M and the stock and goodwill of the operating business is $395,000.

Alternatively the building may be leased to approved applicants at $4,000 per calender month + outgoings (Body Corp & Rates) + GST.


A month training period from owner/manager available for free. Existing staff in place if required.
BAS for July to September 22 quarter has been lodged with ATO and available for review by potential buyer.
Turnover for July to September 22 quarter $139,000 NOT including GST. Business is booming now the covid restrictions have been lifted.

Contact this seller
Client No: W243061928 Private sale, no contact by agents or marketers please.
Contact this seller
Client No: W243061928 Private sale, no contact by agents or marketers please.

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